SINGAPORE (Reuters) - North Korean leader Kim Jong Un, who rarely ventures outside his isolated country, visited tourist sites on Singapore’s waterfront on Monday, hours before a historic summit with U.S. President Donald Trump.Trump said earlier the Tuesday summit with Kim on a Singapore resort island could “work out very nicely” as officials from both countries sought to narrow...Read More

Baird, like many brokerage firms, is concerned about Chinese restrictionsAlternative energy stocks are in focus again today, after Baird weighed in on First Solar, Inc. (NASDAQ:FSLR) and SunPower Corporation (NASDAQ:SPWR). The brokerage firm is just the latest to opine that the solar sector could face global pricing pressure from unfavorable regulatory developments in China, which sent FSLR and...Read More

LONDON (Reuters) - Oil prices fell on Monday, pulled down by rising Russian production and the highest U.S. drilling activity in more than three years.Analysts expect higher U.S. output to offset supply curbs by the Organization of the Petroleum Exporting Countries (OPEC), which have been in place for 18 months and have pushed up prices significantly over the past year.Benchmark Brent crude LCOc1...Read More

June 11 (Reuters) - Futures pointed to a higher opening for Canada's main stock index on Monday, tracking gains in world shares as investors shrugged off the weekend's fractious G7 meeting and focused on an event-packed week.June futures on the S&P/TSX index were up 0.13 percent at 7:15 a.m. ET.The Toronto Stock Exchange's S&P/TSX rose 9.91 points, or 0.06 percent, to 16,202.69, on Friday....Read More

Put buying has picked up on the stock, tooOil-and-gas concern Oasis Petroleum Inc. (NYSE:OAS) is down 1.9% at $12.61 in early trading, after Jefferies downgraded the stock to "hold" from "buy." The note is somewhat surprising, since Oasis stock has been a recent outperformer, up 37.5% year-over-year coming into today, with the 20-day moving average providing support in recent weeks. In the option...Read More

   •  Risk-on mood prompts some fresh weakness at the start of a new week.    •  A goodish pickup in the US bond yields adds to the selling pressure.   •  Subdued USD demand does little, albeit helps limit further downside. Gold traded with a mild negative bias through the early European session but remains within a four-day-old narr...Read More

The penny stock is up more than 111% in early tradingIsrael-based 3-D printing technology company Nano Dimension (NASDAQ:NNDM) is watching its stock take off today, with the shares last seen trading up 111.3% at $2.83. The move was sparked by the company's announcement that it has sold one of its DragonFly 2020 Pro 3D printers to a leading U.S. defense company, while also revealing its U.S. subsid...Read More

TOKYO (Reuters) - A group of Takeda Pharmaceutical Co Ltd (4502.T) shareholders is trying to build support to block the $62 billion acquisition of London-listed Shire Plc (SHP.L) at an extraordinary general meeting, a leading member of the group told Reuters on Monday.Takeda will hold the shareholder meeting later this year or early next year to approve an issue of new stock to help fund the Shire...Read More

RCII said yesterday it has completed a strategic reviewRent-A-Center Inc (NASDAQ:RCII) is in the spotlight on M&A Monday, after the rent-to-own retailer said it received an increased buyout bid from a previous suitor, though no supporting paperwork accompanied the offer. This followed yesterday's announcement that the company had completed its strategic review in which no viable takeover offers we...Read More

(Reuters) - U.S. stock futures pointed to a flat open for Wall Street on Monday, as investors looked past a chaotic G7 summit over the weekend and focused on a historic U.S.-North Korea summit.President Donald Trump threw the G7’s efforts to show a united front into disarray after taking aim at Canadian Prime Minister Justin Trudeau and announcing that he was backing out of the joint communi...Read More

Trump and Trudeau clashed over tariffs at the weekend G-7 summitFutures on the Dow Jones Industrial Average (DJI) are slightly higher, while the Nasdaq-100 Index (NDX) is signaling a lower open, as investors prepare for tomorrow's U.S-North Korea summit in Singapore. Traders are also digesting the weekend's unusually contentious Group of Seven (G-7) meeting in Canada. After trade tensions erupted...Read More

LONDON (Reuters) - European stocks climbed on Monday, shrugging off the weekend’s fractious G7 summit as investors looked forward to a week packed with diplomatic, policy and political events while reassuring comments from Italy pushed the euro up.A summit between U.S. President Donald Trump and North Korean leader Kim Jong Un on Tuesday will be followed by meetings of the U.S. Federal Reser...Read More

PARIS (Reuters) - French farmers have blocked access to oil depots and at least three refineries using tonnes of onions, wood and rubble as part of a three-day protest over plans to allow Total (TOTF.PA) to use imported palm oil at a biofuel plant.Farmers are concerned about the impact on locally produced oilseed crops, further souring relations between the EU’s biggest agricultural sector a...Read More

LONDON (Reuters) - Austrian steelmaker Voestalpine (VOES.VI) said it expected prolonged delays from Washington in dealing with thousands of applications for exclusions from steel tariffs it has received from companies in the United States.The steelmaker, which last week reported bumper annual profits, said about a third of its U.S. sales would be impacted by Washington’s steel import tariffs...Read More

LONDON (Reuters) - A key market gauge of long-term inflation expectations in the euro zone rose to its highest level in around four months on Monday, ahead of a looming European Central Bank meeting.The five-year, five-year breakeven forward rate - a measure closely tracked by the ECB - rose to 1.7517 percent EUIL5YF5Y=R.A rise in inflation expectations follows signs of a pick-up in price pressure...Read More

FRANKFURT (Reuters) - Daimler (DAIGn.DE) shares fell following a report that up to a million Daimler cars contained illegal defeat devices as Chief Executive Dieter Zetsche prepared to meet the transport minister on Monday.German weekly Bild am Sonntag said up to 1 million cars contained software to cheat emissions tests on diesel vehicles.Carmakers use software to manage exhaust emissions filteri...Read More

South Africa’s Association ofMineworkers and Construction Union says it will demand a higher minimum monthlywage of ZAR12,500 (USD$953) in their upcoming negotiations with the country’sgold producers. “This is significantly higher than the ZAR10,500 per monthdemanded by the larger National Union of Mineworkers, and the ZAR7,700 permonth currently seen as the industry norm,”...Read More

South Africa’s Association of Mineworkers and Construction Union says it will demand a higher minimum monthly wage of ZAR12,500 (USD$953) in their upcoming negotiations with the country’s gold producers. “This is significantly higher than the ZAR10,500 per month demanded by the larger National Union of Mineworkers, and the ZAR7,700 per month currently seen as the industry norm,&r...Read More

The breakout in stocks has sparked investor optimism ahead of an expected rate hikeWe enter standard June options expiration week with the expectation that numerous headlines will serve as day-to-day market drivers, beginning with developments from the Friday and Saturday G-7 summit in Quebec, where trade and tariffs will likely take center stage. A historic summit is also on the schedule for June...Read More

(Kitco News) - Gold pricesare trading near unchanged levels in early U.S. trading Monday. The safe-havenyellow metal is in a pause mode ahead of Tuesday’s meeting between U.S.President Donald Trump and North Korean President Kim Jong Un. August Comex gold futures were last down $0.40 an ounce at $1,302.20. July Comex silver waslast up $0.104 at $16.85 an ounce.Trumpis in Singapore today prep...Read More